Quote:
Originally Posted by Erick Estrada
I think you are oversimplifying things here. Maybe a multimillionaire doesn't care about paying $16.8k tax on a $150k car but if a $150k car is your comfortable max you are all of a sudden reconsidering that purchase and looking at something lower cost. I know a lot of wealthy people that are cheap and do not like to spend a penny more on anything than they have to and many are especially adverse to paying excess taxes. It's just like dealer admin charges as I simply won't pay them for any car even if it's $1k I will walk away as I won't pay over MSRP for a vehicle. These taxes are kind of like Government admin charges. If anything this tax is more of a punishment to luxury automobile dealers as they will simply sell less of their premium models.
|
What a person wants to pay and their ability to pay are two different things.
If the difference between 150k and 160k is affordability then you probably shouldn’t be buying the vehicle.